News Details
Losing a team would be 'a big setback' for F1
Apr.7 Two more teams have joined McLaren in furloughing employees amid the coronavirus pandemic. "The furlough period will last until the end of May whilst senior management, and our drivers, have taken a pay cut of 20 percent effective from 1 April," backmarker Williams announced. It is part of a British government scheme that pays employees 80 percent of their wages for a period. It is understood that Racing Point is following suit, as is the Liberty Media-run Formula 1 organisation. Haas is also believed to be considering a furlough. F1 CEO Chase Carey and sporting boss Ross Brawn have cut their salaries by 20 percent, the Daily Mail reports, with half of Formula One...
Full Story »
Full Story »
6y ago from OneStopStrategy.com
0
You May Also Be Interested In...
Williams joins McLaren in furloughing F1 staff
Williams have become the second Formula 1 team to officially confirm it...
6y ago from Crash.net
Sainz, Norris take pay cuts as McLaren furloughs staff
McLaren Formula 1 drivers Carlos Sainz and Lando Norris have both agreed...
6y ago from MotorsportWeek.com
Williams puts employees on temporary leave amid...
Williams is the second F1 team after McLaren to put part of its staff on...
6y ago from F1i.com
Former McLaren boss helps fight coronavirus
Former McLaren boss Ron Dennis helps in the fight against the...
6y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo feeling “heartbroken” by gap to...
No description available...
1h ago from Motorsport.com
Pedro Acosta perplexed by Hungary pace advantage: “I...
No description available...
1h ago from Motorsport.com
Marc Marquez feeling “worse” in Hungary after...
No description available...
2h ago from Motorsport.com
Pedro Acosta sets fastest time in second Hungarian...
Pedro Acosta continued to showcase his immense pace at the Balaton Park...
4h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
How to watch IndyCar 2026 at WWT Raceway: Weekend...
No description available...
7h ago from Motorsport.com
Romain Grosjean confirms surgery on right hand after...
No description available...
1d ago from Motorsport.com
Detailed officiating transparency reports coming to...
IndyCar Officiating announced on Thursday that a new transparency...
1d ago from MotorsportWeek.c...
IndyCar Officiating goes public with new post-event...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Hayden Paddon eyes WRC gravel opportunity with...
No description available...
10h ago from Motorsport.com
Hyundai drivers relieved asphalt WRC season is over...
No description available...
2d ago from Motorsport.com
Oliver Solberg highlights area he must “work on”...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal make contact for 80m attacker as battle with...
William Gomes has been linked with a move away from Porto in recent weeks,...
1h ago from CaughtOffside.com
'I already knew how to do the rest' - Ex-Manchester...
Former Manchester United star Antony has opened up on the advice he got...
6h ago from SportsKeeda.com
Bayern Munich ready to avoid Arsenal gamble, confirms...
Bayern Munich reportedly still have Gabriel Martinelli on their transfer...
7h ago from CaughtOffside.com
Just in: Mourinho requests Perez to sign £80m player...
Mateus Fernandes is quickly becoming one of the most in-demand midfielders...
7h ago from CaughtOffside.com
Comments
Hottest News
F1 2026 Monaco Grand Prix – FP2 Results
Lewis Hamilton led the field in FP2, with Charles... Read More »
2h ago from MotorsportWeek.com
F1: Monaco Grand Prix: Friday Free 2 - Times
Times from today's second free practice session... Read More »
2h ago from Pitpass.com
Kimi Antonelli hits back at George Russell over F1 title...
Mercedes star and F1 championship leader Kimi... Read More »
1h ago from GPFans.com
